Lines of Credit

A financial tool

In every business, there comes a time when extra financial resources may be needed. This discretionary revolving line is designed to provide licensed businesses in the USVI and BVI, the ability to meet seasonal and short-term financing with ease and convenience.

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Originate business loans and lines of credit through our digital platform

Ready to open your account? Review the help guide

Make sure you have the following documents available before starting the process.
  • Business tax returns for the last 2 years or financial statements prepared by a CPA3

  • Interim financial statements (if the latest statement is more than 6 months old)

  • Personal financial statement that is recent, as of the date of origination

  • Business background or plan
  • Corporate documents, as applicable, depending on the legal entity

Additional requirements for loans under the SBA Express program​

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  • Small Business Banking for credit facilities up to $1 million
     

  • Commercial Banking for credit facilities over $1 million

 

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. Subject to credit approval. Additional charges may apply. FirstBank Virgin Islands is a division of FirstBank Puerto Rico.

 

LEGAL BVI

Subject to credit approval. Additional charges may apply. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico.

 

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